NuDetect Solution Helps Financial Institutions, E-commerceand Digital Goods Businesses Detect Fraud Up to 15 Days in Advance
VANCOUVER, British Columbia – April 29, 2015 – NuData Security today announced that Info Security Products Guide, the industry’s leading information security research and advisory guide, has named NuDetect as the Gold Winner of the 2015 Global Excellence Awards in the Security Products and Solutions for Online and E-commerce category. NuDetect was also declared a Bronze Winner in the Fraud Prevention category.
NuDetect, the company’s advanced online fraud detection engine, was selected based on its ability to:
- Use continuous behavioral analysis to prevent fraud online, protecting businesses from brand damage and financial loss caused by fraudulent or malicious acts.
- Provide organizations the ability to identify suspicious activity and block further account actions when necessary.
More than 50 judges from a broad spectrum of industry voices from around the world participated in the 2015 Global Excellence Awards. Winners were announced during the awards dinner and presentation on April 20, 2015 in San Francisco.
Michel Giasson, CEO, NuData Security, said:
“Info Security Products Guide’s recognition of NuDetect further validates NuData Security’s commitment to providing the ultimate in fraud detection services for our customers. Our multipronged approach of behavioral biometric analysis and machine learning enables us to detect fraud up to 15 days before an attempt is made. We are honored to receive this endorsement of our solution among the best-of-the-best in security products. We recognize that we must continue to innovate, to stay ahead of the rapidly-evolving criminal behavior.”
About NuData Security
NuData Security predicts and prevents online fraud, protecting businesses from brand damage and financial loss caused by fraudulent or malicious attacks. NuData Security analyzes and scores billions of users per year and services some of the largest ecommerce and Web properties around the globe. Additional information is available at: https://nudatasecurity.com/
About Info Security Products Guide Awards
The Info Security Products Guide Awards recognize and honor excellence in all areas of information security. The full list of winners is here: https://www.infosecurityproductsguide.com/world/